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The CT Company produces two products - A and B . According to the past experience, production of either product A or product B requires
The CT Company produces two products and According to the past
experience, production of either product or product requires an average of one hour in
the plant. The plant has a normal production capacity of hours a month. The marketing
department of the firm reports that because of limited market, the maximum number of
product A and product that can be sold in a month are and respectively. The net
profit from the sale of product A and product B are Rs and Rs respectively. The
manager has set the following goals.
: The first goal is to avoid any underutilization of normal production capacity.
: He wants to sell maximum possible units of product A and Since the net profit from
the sale of product is thrice the amount from Product therefore, the manager has
thrice as much desire to achieve sales for product as for Product
He wants to minimize the overtime operation of the plant as much as possible.
Formulate the Goal programming problem.
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